I read an interesting article last night that explained this move more and made me feel a wee bit better about Opera. Apparently Opera was spending so much time and resources on the Presto engine that they didn't have resources for other things, like innovations. This move will free them up to work on other things.

I realize this is a couple of months old, but I smell sour grapes. Opera released their financial update for the 1st quarter yesterday, and they have never grown faster or made more money. Opera is doing better than it ever did under the former CEO.

He's a hypocrite. He fired more people than the new CEO ever did. Complaining that the new CEO restructured the company and let some employees go is insane when he fired at least twice the number of employees himself.